Bridgestone To Leave F1 after 2010
Bridgestone motorsport bosses have announced they will not be continuing with their exclusive tyre production contract with Formula One, instead deciding to leave the sport at the end of the 2010 season.
The Japanese tyre manufacturer, who joined Formula One in 1997, and became the exclusive tyre supplier in 2007 are intending to focus on new innovative technologies. They will continue supplying MotoGP until 2011, and also the Gp2 Asia series.
Bridgestone Motorsport director Hiroshi Yasukawa said in a statement: “The decision made by the board of directors comes after considerable and lengthy evaluations and has been based on the company’s need to redirect its resources towards further intensive development of innovative technologies.”
“Our sincere appreciation is extended to Bernie Ecclestone and Formula One Management, the Formula 1 teams with whom it has been an honour to work alongside and the many F1 fans who have followed our activities over the past 13 years,” added Yasukawa.
It is unknown who will take over the contract, which Bridgestone rejected to sign today. Michelin could make a return, other names include Dunlop and Goodyear.